Keep up the “privately educated Starmer” attacks please. It’s pathetic, and possibly worth even more vote share for Labour. (View Post)

British bonds yields were already diverging from G7 peers. The market was already beginning to worry about some of the promises made by Truss. The market reaction to her budget was pretty much immedi… (View Post)

I thought this line by Larry Summers (in the context of whether the dollar might be replaced as global reserve currency) was worth sharing. “Europe is a museum, Japan is a nursing home and China is a… (View Post)

Funny how those keenest to note that Brexit is not the key cause of our malaise are the Brexiters. We’ve gone from “sunny uplands” to “it’s not the main reason we’re shit”. (View Post)

I read the Truss piece. She seems to think she was brought down by a combination of bad timing (the LDI issue), Treasury orthodoxy, and “the blob”. All of this is to some extent true but it misses he… (View Post)